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Fifth Circuit
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- 1Norris frustrated with P5 after missed final lap●Adam Cooper (@adamcooperF1): RT @adamcooperF1: '@LandoNorris was left frustrated in P5 after not completing his final la
Lando Norris was left frustrated after qualifying fifth, having failed to complete his final lap. The McLaren driver said most of his time losses to the cars ahead came in specific areas of the circuit, suggesting he felt the gap was closer than the result showed. The comments came via a report by F1 journalist Adam Cooper following the session.
- 2SDNY Bankruptcy Court Deepens Split Over Prepetition Fees Under Section 506(b)▼Does Section 506(b) Permit 'Reasonable' Prepetition Fees and Charges? S.D.N.Y. Bankruptcy Court Deepens the Splits with the Fifth and Eleventh Circuits.
A bankruptcy court in the Southern District of New York has ruled on whether Section 506(b) of the Bankruptcy Code allows creditors to collect 'reasonable' fees and charges that accrued before a bankruptcy petition was filed. The decision runs contrary to the Fifth and Eleventh Circuits, deepening an existing circuit split on the question. Commentators note the disagreement raises the likelihood that appellate courts, or eventually the Supreme Court, will need to resolve how post-petition versus prepetition fee entitlements are treated in bankruptcy cases.